Brief: Bubs Australia Says Bubs Board Retained As All Resolutions Voted Down

Bubs Australia

27/07/2023 02:51

July 27 (Reuters) - Bubs Australia Ltd  BUB.AX :
    * BUBS BOARD RETAINED AS ALL RESOLUTIONS VOTED DOWN
    * IN CLEAR VOTE OF CONFIDENCE IN CURRENT BUBS' BOARD, ALL
RESOLUTIONS PUT FORWARD BY A GROUP OF DISSIDENT SHAREHOLDERS
WERE DEFEATED
    * APPROXIMATELY 48% OF OUR INSTITUTIONAL AND VALUED
INDIVIDUAL
SHAREHOLDERS VOTED
    * BOARD RECEIVED RESOUNDING SUPPORT AND A CLEAR MANDATE FROM
MORE
THAN 70% OF VOTED SHARES
    * EXPECT TO MAKE A CEO APPOINTMENT IN AUGUST 2023

Source text for Eikon:  ID:nASX3L6Z57 
Further company coverage:  BUB.AX 

 ((Reuters.Briefs@thomsonreuters.com;))